Sparta NJ Market Data on Homes for Sale, includes Lake Mohawk real estate transactions

Spring has come to Sparta NJ and the real estate market data reflects folks coming out of hibernation and thinking more about homes for sale. That said, the winter months were none too shabby - wait until you see what a couple Lake Mohawk home sales did for the average price in January!

Of the Sparta closings that took place in January, the cheapest went for just under $120K while 3 of the 16 were over a million. In fact, one home for sale on Manitou Island in Lake Mohawk went for $3.35 million. What does that tell you? There is a Sparta home for sale to fit every budget!

I'm still striving to locate the right Sparta Lake Mohawk homes for sale for a variety of potential buyers. As these folks are seeking Sussex County vacation properties, their needs are quite different from those looking for a residence!

As is typical in most areas, many with owners have waited for the spring market to list. You'll see from the market data graph below that inventory is again on the rise. So, I'm VERY optimistic that the right Lake Mohawk property is headed our way!

My Sparta NJ market report graphs are based on GSMLS data, extracted April 5: "Info. deemed RELIABLE but not GUARANTEED."

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.